Future of NetJets (Europe) ?!?

[Flintstone]

Originally Posted by mirandes

At least....not an island!

What's wrong with an island? You're not still huffy over that bit of business in 1588 are you?

[bArt2]

I am flying for the Portuguese Air Force (a mere PIC and TRE on the C212) and will be making the move to the "civil world" in the first quarter of next year.

In that case I would not wait too long before applying. I sent my application the 4th of januari and I am still waiting for an interview date.

Bart

[cleanthecockpit]

how is possible?

in Portugal, take home pay for FO about 3000e month.

from netjets europe website:

Starting basic salary for year 0 pilots
Rank Starting salary
Captain – PIC €95,000
First Officer – SIC €56,500

i understand 56500 as basic salary divided by 12 months...
56500:12=4708
plus per diem...
okay i know is tax free and i have to do all stuff like pension etc by myself...
so do i have to review my math skills?
please can someone tell me the truth about salary? i have the interview soon...
Ciao,
cleanthecockpit

[C212-100]

cleanthecockpit,

Those values, from what I understand, are not tax free. You must deduct from that value around 25% (NS and IRS).

Those would give around 3000ish...

GOod luck with the interview.

[CL300]

the figures are gross...
if not living in UK or Portugal, taxes are 20 percent for Income and around 5 to 8 for National insurance.

[south coast]

Also something to consider when it says 'Sarting salary', that will also be your final salary and salary all the way through your time at NetJets.

Currently, there is only an OECD average inflationary rise to employees salaries, so in actual fact when you become a captain and earn the E95,000 that it mentions, you will still earn E95,000 in five years time, but adjusted to take inflation into account only.

Be aware, currently, there is no actual salary INCREASE except for upgrading from a FO to a captain.

My intention is not to put potential people off NetJets, more to inform of the facts.

A FO residing in the UK could expect GBP 3,200 after tax + per diems (GBP 500-700 per month on average).

A captain residing in the UK could expect GBP 4,200 after tax + per diems (as above).

[Iver]

I am sure this is delicate topic but are NJE pilots ever tipped by passengers? I know you should not expect tips and you should not budget for tips, but does this ever happen? I know charter pilot in Germany (not NJE) who does make some tips from time to time.

[weido_salt]

Tips?

Hmm... Always a good idea to have a stock of brown envelopes, should the need arise. If a crew member wants to be blatant, envelopes my be placed on the passenger seats before departure.

Within certain cultures, it is seen as status to "throw money around". Try and be in the line of fire, should that happen.

[bArt2]

@ cleanthecockpit

i have the interview soon...

When did you get the interview date? I thought recruitment was on hold for the moment.

Thanks, Bart

[Moonwalker]

"Also something to consider when it says 'Sarting salary', that will also be your final salary and salary all the way through your time at NetJets."

...is this just a pure lie then??
http://www.pilotjobsnetwork.com/fact...ecpay9bbhmp76w

[CL300]

this grid applied a 2 per cent increase a year.. but this is speculation , since the salary increase is based on oecd inflation rate, if the rate is 4 per cent then salaries would (should) increase by 4 percent if let say 1.3 ..well.

Salary should not be reduced in case of deflation though.


Tips : we are not supposed to accept tips, if accepted should be send to the office, the same if a manufacturer is offering a airplane model for example.

[cleanthecockpit]

I thought recruitment was on hold for the moment.

Going slowly but still going...


Okay thanks all for infos... but i think that 3000eur is pessimistic...
i guess if you work 15day x month at 70eur xdiem would be 1050eur x 12 month=12600 year
plus 56500= 69100gross year... then minus taxes 28%= 49752year in your pocket.
49752:12= 4146eur monthly to be rough let's say 4000eur! it's 1000 more than someone declare... or not??

thank you in advance

clean.

[C212-100]

In my point of view and from my experience "per diem" should not be accounted for as real wage money. I believe that the decrease on the pilots salaries over the past 10 years is also connected to the point of view that "Per diem" is part of the package. It should not be. It is a money calculated for you have your meals when out on the job.

The major airlines paid that in envelopes. Once you arrive at the hotel of your night stop you will have an envelope with your "per diem" in.

Don't count on hat money. There are some cities where you will need more than those 70 Euro if you want to have 2 nice meals. Not luxurious, only nice.

Let us all not make our profession even less respected. Managements already don't think much of us...

Cheers.

[cleanthecockpit]

sorry i don't want to be rude but i'm working and i worked for some different airlines and believe me that lately (unfortunately) perdiem must be counted to rise the salary.
Honestly it's the first time i learn about perdiem in envelop at the hotel... but maybe i always worked for not very fair airlines... maybe...

Hola!
Clean.

[south coast]

Moonwalker, that grid no longer exists, there is only a starting salary of E95k followed by annual adjustments announced by the OECD.

There is no increase other than for inflation (which means that it is not actually a true increase leaving you with more money).

CL said, 'since the salary increase is based on oecd inflation rate' - CL, I really think you should stop calling it an increase, it is not an increase, it is an adjustment of your salary to make it have the same value as what your original salary was, ie. E95k.

In some cases, it may well turn out to be an actual pay rise, if you live in a country where the actual rate of inflation is lower than the OECD rate then it is a pay rise, but the reverse is also true, if you reside in a country where the inflation is greater than the OECD average, then it is a pay cut in real terms.

Obviously that is not the fault of NetJets, that is just the way NetJets do it.

[C212-100]

Clean,

I know what you are saying and I fully understand the problems with wages nowadays. What I was trying to say is that we all shall stop that by not accepting unfair deals. I know it is dificult (impossible, maybe...) but that should not prevent me from writing what I think is the right way to go.

Cheers.

[smallfry]

Rumour doing the rounds is that all Netjets Long Haul (NJI and NetJets Europe) could be put under one roof and separate from other wings...

[C212-100]

smallfry,

That rumour meaning...?

Share some thoughts.

Cheers

[Flintstone]

A merger of the long haul fleets wouldn't surprise me but I always said that NJE missed an opportunity when they started to build their long range fleet. They should have formed NJI(E) with separate Ops somewhere north of Lisbon thereby having the security of a parallel (more efficient) operation.

Too late now though.

[CL300]

SC, ok an adjustment, but besides very large companies and even so, this adjustment is not widespread. agree it is not the best but at least this one is cast in concrete. can be improved..

Enveloppes for per diem... EMirates for example has enveloppes with local money distributed to the crew.

Per diems....long story. Bottom line they are here and taxable, but do not count towards any pension or unemployement inurance or loss of licence therefore they are not salary...